TORONTO, CANADA, Sept. 05, 2019 (GLOBE NEWSWIRE) — Canadian General Investments, Limited (TSX:CGI), (TSX:CGI.PR.D), (LSE:CGI) (CGI) reports on an unaudited basis that its net asset value per share (NAV) at August 31, 2019 was $35.15 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 23.9% and -3.3%, respectively. These compare with the 17.1% and 4.3% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.
The closing price for CGI’s common shares at August 31, 2019 was $23.96, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 19.8% and -4.9%, respectively.
The sector weightings of CGI’s investment portfolio at market as of August 31, 2019 were as follows:
| Information Technology | 24.6 | % |
| Industrials | 18.3 | % |
| Consumer Discretionary | 13.6 | % |
| Materials | 13.3 | % |
| Financials | 9.8 | % |
| Energy | 7.9 | % |
| Health Care | 3.7 | % |
| Cash & Cash Equivalents | 3.6 | % |
| Communication Services | 3.0 | % |
| Real Estate | 1.4 | % |
| Utilities | 0.8 | % |
The top ten investments which comprised 40.1% of the investment portfolio at market as of August 31, 2019 were as follows:
| Shopify Inc. | 8.2 | % |
| Air Canada | 5.2 | % |
| Mastercard Incorporated, class A | 4.3 | % |
| Franco-Nevada Corporation | 4.1 | % |
| Canadian Pacific Railway Limited | 4.0 | % |
| Cash | 3.6 | % |
| Amazon.com, Inc. | 3.0 | % |
| Bank of Montreal | 2.8 | % |
| Royal Bank of Canada | 2.7 | % |
| NVIDIA Corporation | 2.2 | % |
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: cgifund@mmainvestments.comwebsite: www.canadiangeneralinvestments.ca